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Recession in Mexico likely if Trump tariffs bite, analysts say

Reuters India Wednesday, 5 June 2019 ()
The Mexican economy will likely slip into recession this year if U.S. President Donald Trump follows through on a threat to impose tariffs on Mexican exports to the United States, a Reuters poll of market analysts showed on Wednesday.
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News video: Analysts Warn Trump Tariffs Could Sink Mexican Peso To Lowest Point This Year

Analysts Warn Trump Tariffs Could Sink Mexican Peso To Lowest Point This Year 00:37

According to a report by Reuters, a recent poll of analysts and traders suggest that, next week, the Mexican peso could sink to its lowest point of the year if President Donald Trump follows through on his threat to hit Mexican imports with new tariffs. Reuters reports that the average projections of...

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